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Amaravati, the planned capital of Andhra Pradesh, has received a significant financial boost with ?26,000 crore in funding, backed by the Department of Economic Affairs and the Ministry of Housing and Urban Affairs (MoHUA). The funding is further supported by multilateral agencies, including the World Bank and the Asian Development Bank (ADB), which have extended ?11,000 crore in soft loans. These investments will drive large-scale infrastructure projects and governance reforms to modernize the city. In addition, contracts worth ?40,000 crore have been awarded in recent weeks, reinforcing Amaravati’s development momentum, according to G. Surya Sai Praveenchand, Additional Commissioner of the Capital Region Development Authority (CRDA), Government of Andhra Pradesh. Speaking at the CII South India Annual Convention 2025, Praveenchand highlighted ongoing discussions with the World Bank and ADB to establish an integrated governance framework that streamlines city and district administration for efficient urban management. Strategically located between Vijayawada and Guntur, Amaravati is set to become a hub for non-polluting industries while benefiting from the region’s thriving logistics, food processing, and pharmaceutical sectors. The city’s sustainability-focused infrastructure plans include a 24/7 “Drink from the Tap” initiative, 100% wastewater reuse through a dual-pipeline system, and a piped gas supply network for residents. Further, Amaravati aims to promote eco-friendly urban mobility with 2,000 km of shaded pedestrian pathways, dedicated cycling lanes, and extensive green infrastructure. Nearly 30% of the city—spanning 65 km²—is designated for green and blue spaces, including urban forests, parks, and a 48 km-long canal network to enhance ecological sustainability. Designed to accommodate 3.5 million people across 275 square km along the Krishna River, Amaravati is advancing toward becoming a model smart city with future-ready infrastructure and sustainable urban development initiatives. |
